$7.7 billion – Understated federal trust fund revenues and expenditures
$653 million – Overstated general fund assets and revenues
$8 billion – Overstated California State University’s bond debt
$9.1 billion – Reporting error that understated a public building construction fund
In addition, there was one case in which a figure was reported as $6.2 billion, when it was actually $6.2 million

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. He is completing a book on the international challenges America faces in the 21st century.

A million, a billion, it’s just the difference of a few zeroes, and zeroes aren’t worth anything. At this point, what difference does it make?

kafir4life

There’s a very simple way that California can get itself out of its fiscal mess. A tried and true method that always works and never ever has any negative repercussions…..just raise taxes. Problem solved.

Hard Little Machine

Zeros are racist. Check yo privilege!

fjord

A zero here, a zero there. I bet the CA state revenue office is not so forgiving for taxpayers paying their taxes, are they?
Especially since they go after people who’ve already left the state and no longer do business there.
Ask any of those people who packed up and closed shop to move out of state, only to get a tax bill for “estimated income taxes” .